Today’s financial panic looks like the stock crash in 1987—when the economy avoided a recession, market veteran says BYChristopher Anstey and Bloomberg August 6, 2024 at 1:39 AM GMT+8 “We had a crash in the stock market—that basically all occurred...
This chapter is a reprint of a speech given by the author on a number of occasions during 1988 entitled 'Market Crashes, Deflation and Long Waves' and circulated as a Monetary Bulletin in November 1988. It contained various predictions. One was that there would be a fall in UK house ...
根据文章首句"The stock market crash of October 1929 was the first in a chain ofeventsthat dragged the United States intothe mostsever crissin US histry.."可知,1929年10月股票市场的暴跌是一连串使美国进入历史上最严重的经济危机的导火索。29.C【解析】词义猜测题。“drastically”意为“大幅度地”,...
The stock market crash of 1929: Under the surface of America’s economic prosperity in the 1920s, there were serious weaknesses, including no regulation of the investment companies, stock market speculation and over-expansion of credit. The first blow to the stock market came on October 24, 19...
In October 1929, as the start of the New York stock market crash, triggering an unprecedented scale of the global economic crisis. Be seen, the stock market speculation obscures the already sharp contradictions between production and sales, so that the intensification of conflicts, directly caused...
stock market index phr. 股市指数 london stock market n.伦敦股票市场 相似单词 crash n. 1.【通常作单数】坠落(声),撞击(声), 破裂(声) 2. 撞车,(车辆等)碰撞 3. 崩溃,垮台,(尤指)倒闭,(证券市场)暴跌 4. 电脑死机,系统崩溃 adj. 突击式的 market n. 1.[C]集市; 市场 2.[C]某种货物的...
The crash began on Oct. 24, 1929, known as "Black Thursday," when the market opened 11% lower than the previous day's close. Institutions and financiers stepped in with bids above the market price to stem the panic, and the losses on that day were modest, with stocks bouncing bac...
After the stock-market crash of October 1929 it took over three years for America’s government to launch a series of dramatic efforts to end the Depression, starting with Roosevelt’s declaration of a four-day bank holiday in March 1933. In-between, America saw the worst economic collapse ...
根据第一段的第一句The stock market crash of October 1929 was the first in a chain of events that plunged(使进入) the United States into the most severe economic crisis in US history: the Great Depression.可知,1929年10月的股市崩溃标志着美国大萧条的起点。故选C。 根据第二段第一句的句意:随...
The stock market crash of 1987 was a steep decline in U.S. stock prices over a few days in October of 1987; in addition to impacting the U.S. stock market, its repercussions were also observed in other major world stock markets. ...